Sichuan miners ordered to halt operations by June 20
Authorities in Sichuan province ordered the shutdown of activities by “key” miners and barred local energy companies from supplying them with electricity.All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.
Sichuan miners ordered to halt operations by June 20
Authorities in Sichuan province ordered the shutdown of activities by “key” miners and barred local energy companies from supplying them with electricity.
Two illegal mining farms found in Dagestan; damage estimated at 30 million rubles
Rosseti North Caucasus, together with law enforcement, halted the operation of two mining farms illegally connected to the electrical grids.
Kraken chief tells Elon Musk to study Bitcoin mining more
Elon Musk, the founder of Tesla, should study Bitcoin mining more, as it is far more environmentally friendly than people think. In a Bloomberg interview, Kraken CEO Jess Powell said.
Kazakhstan to host a 16 MW mining centre
The New York-based mining firm Wattum Inc., in partnership with Kazakhstan's Enegix, will build a data centre with a capacity of 16 MW and a price tag of $2 million.
Canaan to supply Genesis Digital Assets with 10,000 ASIC miners
Chinese ASIC equipment maker Canaan Creative announced an expansion of its strategic partnership with Genesis Digital Assets, under which it will supply the mining company with 10,000 Bitcoin mining devices.
Tesla proposed to resume accepting Bitcoin payments — condition met
Following the latest restrictive measures by Chinese authorities against mining, more than half of Bitcoin's hashrate is generated from renewable energy, according to Jiang Zhuoer, founder and head of the BTC.TOP pool.
Hut 8 debuts on Nasdaq and announces Ethereum mining launch
The Canadian mining company Hut 8 Mining Corp. has gone public on Nasdaq. Its shares are now trading on the platform under the ticker HUT.
Public mining stocks outpaced Bitcoin in returns
The market capitalisation of the three largest publicly listed mining companies has risen by an average of 46% over the past three weeks, recovering from a mid-May trough.
Over 300 miners disconnected in Abkhazia raids
The Abkhazian Ministry of Internal Affairs continues raids to identify illegal mining farms. In the first half of June eight such facilities were discovered, the department said.
The Great Chinese Migration: Will Russia Become a Haven for Bitcoin Miners from China?
Bitcoin criticism and calls to combat cryptocurrency mining by Chinese authorities and state media have driven local mining companies to reconsider their jurisdiction. ForkLog spoke to experts about how likely relocation from China to Russia is and what attracts miners.
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